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1793 <br /> <br />A BY-LAW OF TH~ COUNTY OF ESSEX TO RAISE A LOAN TO <br />MEET THE CURRENT EXPENDITURES OF THE SUN PARLOR <br />HOME FOR SENIOR CITIZENS FOR THE YEAR 1969. <br /> <br /> WHEP~A~ it ba~ 'oeen expedient and necessary to <br />raise by w~y cfa Lo~:~: ~':~:.~ ~m~ of Two Hundred Thousand <br />Dollars .~$E00,O00oO0) req~Ired ~o meet the curren~ expenditures <br />of the Sun Parlor Home for S~nior Citizens for ~he year ~969o <br /> <br /> BE IT THEREFORE encored by the Municipal Council <br />of ~he ¢orporatlo'a of ~h, f:oun'~y of Essex and it is hereby <br />enacted as fo~low~: <br /> <br /> 1o That i% shall and may be la~ful for ~he Corpora- <br />'~ion of the Coan~.y of Essex to borrow from any chartered bank <br />or' ba~ks the sum of Two Hundred Thousand Dollars ($200~000.00) <br />for th~ purposes aforementioned to mee~ the curr~n~ expenditures <br />of the Sun Parlor Home for Senior Citizens for the year ~969 <br />by demand notes a~ 5he rate of interest prevailing aS the ~ime <br />of the borrowing of the respired money° <br /> <br /> 2~ The Warden and Treasurer of %he County of Essex <br />be and ~hey are hereby authorized to enter into agreements to <br />carry in~o effect, the said loan. <br /> <br /> ~ 3. That ai~ add any revenues of the Corporation <br />are h~rsbF char~ed with reoayment of all monies borrowed under <br />the authority of~his~0yJ~m~.W ~d the said chartered bank or' <br />~anks are hereby des2ared ~o have a lien upon all the said <br />revenues u~il ~he 2o~n created under the authority of Shis <br />by-law is fully ~ati~:fl~. <br /> <br /> lo That the Treasurer is hereby authorized and <br />directed to apply as much of She revenues of ~he Corporation <br />a~ may be necessary in payment of the obligations of the Corpora- <br />%ion crea~ed afores~.ido <br /> <br /> Al~ othe? ~y~!aws inconsistent to this by-law are <br />hereby repealed° <br /> <br /> Thi~ !~<: ~,w ?h:it come into force and take effect <br />as of the l~t d~., ~.f .Ja~-a~.~'~ 9. <br /> Passed ~his /~6daY of January, 1969 in open <br />Council. <br /> <br />1st readinE~ Jan <br />2nd r'~ading-Jan o/~%? <br />3rd reading~Jan o/~/69 <br /> <br /> I~ C~ ~. ~i%7~-'07~%~ Cor'oora~ion of the <br /> . c'~'~*~ ~ tha~ ~h~ foregoing Is a ~ru8 <br />C~ur..ty of Essex, do hereby <br />and correc~ copy of Pv..~!aw Y~:~,b.r _ i~3 ....... r':~.d i~ open <br />1969 Semsion ~ <br /> <br /> Cor~n of ~C~nty of E~ex <br /> <br /> <br />